Sterling is clearly outperforming both Euro and Swiss Franc this week, as markets continue to unwind the defensive positioning built ahead of the Autumn Budget. The announcement was broadly well received, with investors encouraged by the government’s emphasis on fiscal discipline and medium-term stability. The shift has helped ease earlier concerns over the UK’s fiscal […]
The post Sterling breaks key levels in EUR/GBP and GBP/CHF on stronger UK outlook appeared first on ActionForex.
One of the most closed-off countries in the world, North Korea is both difficult and dangerous to access. Under the control of the Kim dynasty since the end of World War II, the northern part Read more…
Boeing (BA) reportedly landed a deal worth up to $289 million to supply Israel with as many as 5,000 smart bombs, putting its defense business back in focus. The bigger market takeaway is timing: deliveries Read more…
Markets The Brent crude price shows no sings of cooling off today with the $100/b mark nearby. Hostile comments from both sides suggest no near-term end to the Middle East conflict with Iran’s Khamenei for Read more…